Xi Jinping, at a May 2014 Asia-Pacific Economic Cooperation (APEC) summit, described a secular decline in the rate of China’s GDP growth as a “new normal” condition. Since then, the term “new normal” has become shorthand in China for the challenges that the economy will face in coming years, perhaps for decades. Leaders in Beijing …
The official start of the construction of first Turkish nuclear power plant Akkuyu will be the first week of April, according to the country’s Prime Minister Binali Yıldırım. The ceremony will be attended by Turkish President Recep Tayyip Erdogan and Russian leader Vladimir Putin. The plans foresee the construction of a four PWR reactors with …
Krzysztof Tchórzewski, Poland’s Minister of Energy, has said that he wants a decision on the construction of a nuclear power plant to be taken as quickly as possible. His statement comes as the Polish energy industry is beginning to feel the pressure of the country’s race against time to reduce its CO2 emissions. “We need …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading uranium producer in the U.S., is pleased to announce that it has achieved a major environmental milestone at its Alta Mesa Uranium Project (“Alta Mesa”) in Texas. On March 16, 2018, the Company received a notice from the Texas Commission …
FirstEnergy Solutions (FES) has notified regional transmission organisation PJM Interconnection that it will deactivate the Beaver Valley, Davis-Besse and Perry nuclear power plants during the next three years. The company, which is aiming to leave the competitive market, is seeking legislative policy solutions to keep the plants operating. Beaver Valley, a single-unit pressurised water reactor, …
The nation’s nuclear energy industry is facing a crisis that the Trump administration must immediately address as a core part of its “energy dominance” agenda, a Washington think tank said Thursday. The decline of the nuclear power industry is “an important policy problem” that is not receiving the attention it deserves, the Atlantic Council said …
The Department of Energy’s Savannah River Site has begun dissolving uranium fuel cores from Oak Ridge National Laboratory’s High Flux Isotope Reactor for the first time since 1988. The spent fuel will help deliver electricity to residents in the Tennessee Valley. The High Flux Isotope Reactor is fueled by highly enriched uranium, which the Savannah …
PARIS, March 29 (Reuters) – French uranium mining and nuclear fuel group Orano, formerly called Areva, said its 2017 revenue fell 11 percent to 3.9 billion euros ($4.80 billion) and core earnings fell 30 percent to 946 million euros as demand for nuclear fuel remains low. Orano’s order book, while still representing nearly eight years …
ALX Uranium Corp. has provided initial results from the Hook-Carter uranium project drilling program which began in mid-February, 2018 (see ALX news release dated Feb. 13, 2018). The drilling program is being operated by Denison Mines Corp. (“Denison”) (TSX: DML, NYSE MKT: DNN) and was originally estimated to include 10,000 metres of diamond drilling. To …
It’s been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response. In the U.S., the Trump administration’s Department of Energy (DOE) has suspended sales from its uranium oxide stockpiles for the rest of the government’s fiscal year (until Sept. 30, 2018). …